RIA Advisory Group LLC Invests $1.78 Million in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

RIA Advisory Group LLC acquired a new stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 36,498 shares of the exchange traded fund’s stock, valued at approximately $1,781,000. VanEck Junior Gold Miners ETF accounts for 0.6% of RIA Advisory Group LLC’s holdings, making the stock its 27th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Nations Financial Group Inc. IA ADV increased its stake in VanEck Junior Gold Miners ETF by 2.6% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 15,641 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 400 shares in the last quarter. 180 Wealth Advisors LLC increased its position in shares of VanEck Junior Gold Miners ETF by 5.5% during the second quarter. 180 Wealth Advisors LLC now owns 7,744 shares of the exchange traded fund’s stock worth $326,000 after purchasing an additional 405 shares in the last quarter. Ridgewood Investments LLC purchased a new position in shares of VanEck Junior Gold Miners ETF in the second quarter worth about $29,000. Verus Capital Partners LLC grew its position in shares of VanEck Junior Gold Miners ETF by 15.6% in the third quarter. Verus Capital Partners LLC now owns 5,550 shares of the exchange traded fund’s stock valued at $271,000 after purchasing an additional 750 shares in the last quarter. Finally, Arlington Trust Co LLC acquired a new stake in shares of VanEck Junior Gold Miners ETF in the third quarter valued at approximately $37,000.

VanEck Junior Gold Miners ETF Stock Performance

NYSEARCA GDXJ opened at $45.11 on Friday. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.89 and a fifty-two week high of $55.58. The firm has a market capitalization of $5.30 billion, a P/E ratio of 24.80 and a beta of 1.03. The stock’s fifty day moving average is $49.54 and its two-hundred day moving average is $46.12.

VanEck Junior Gold Miners ETF Profile

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.